Sonova Holding (OTCMKTS:SONVY – Get Free Report)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $48.28, but opened at $51.2590. Sonova shares last traded at $51.2050, with a volume of 725 shares traded.
Analyst Ratings Changes
SONVY has been the subject of a number of research reports. BNP Paribas Exane raised Sonova from a “strong sell” rating to a “strong-buy” rating in a research report on Tuesday, March 10th. Morgan Stanley upgraded Sonova from an “underweight” rating to an “equal weight” rating in a report on Tuesday, June 23rd. Citigroup reaffirmed a “sell” rating on shares of Sonova in a research note on Wednesday, May 13th. Finally, Jefferies Financial Group downgraded shares of Sonova from a “hold” rating to a “moderate sell” rating in a research report on Wednesday, March 18th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.
Get Our Latest Stock Analysis on Sonova
Sonova Stock Down 1.0%
About Sonova
Sonova AG (OTCMKTS:SONVY) is a Switzerland-based provider of hearing care solutions, headquartered in Stäfa. The company designs, develops, manufactures and distributes a range of audiological products and related services aimed at improving hearing and communication for people with hearing loss. Its portfolio spans behind-the-ear and in-the-ear hearing instruments, wireless accessories and software solutions that enable connectivity with consumer devices and audiological fittings.
Sonova markets its products under several well-known brands, including Phonak and Unitron for hearing aids, and it is also associated with Advanced Bionics for cochlear implant systems.
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